Parallels, Inc. · Renton, WA United States
Company Description
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This link will open in a new window Parallels (formerly SWsoft) provides virtualization and automation software to optimize computing across numerous hardware, operating system, and virtualization platforms. Its products -- marketed to businesses, consumers, and service providers -- include applications for operating-system virtualization, letting multiple programs run on a single server. Founded in 1999, Parallels also offers server and data center automation software. The company renamed itself after its former subsidiary, Parallels, in 2007. The rebranding gave a nod to the fact Parallels' products were winning the company wider recognition than its own. To read the full description, subscribe now.
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Key Parallels, Inc. Financials
| Company Type | Private Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.9 |
| 2007 Employees | 900 |
Parallels, Inc. Executives
20 executives listed for Parallels, Inc.'s Renton, WA location.
| Title | Name & Bio | Contact |
| Director | Lawrence McVicker | Network |
| CFO and COO | Peter Bauert | Network |
| CTO | Matt Domo | Network |
Competition
Competitive Landscape for Parallels, Inc.
The US economy heavily influences business spending for software products. The success of programming companies depends heavily on strong technical expertise. The success of packaged-software companies depends on technical expertise and good marketing. Small software companies compete mainly by developing packaged products in small niches or producing custom products for individuals. Many small companies form alliances with larger ones to market their products. The packaged software industry is capital-intensive and highly automated, with average annual revenue per worker surpassing $400,000. The custom programming industry is labor-intensive: with average annual revenue per worker of about $115,000. To read the full description, subscribe now.Top Parallels, Inc. Competitors
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